Will EURCHF Floor Break? November 30 Referendum in Focus
The Euro-Zone financial crisis and its resulting toll on monetary policy weren’t limited to the European Central Bank: the Swiss National Bank has been forced to act in tandem with the ECB since levying the Sf1.2000 floor on September 6, 2011. We may however be on the verge of a paradigm shift if those underpinning the gold initiative garner a victory.
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